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The Latest Breaking News from Barclays

Stock Market Today: Stocks Retreat on First Trading Day of Year

Two of the major benchmarks ended in the red, while the blue-chip average was essentially flat.

Kiplinger

What’s behind Apple’s $100 billion market-cap loss today? A major downgrade that has investors worried about slowing iPhone sales is the key culprit

Barclays warned on Tuesday that iPhone sales aren't living up to the hype—but that’s not the only factor dragging down America’s most valuable company.

Fortune

Stocks Under Pressure as Technology Stocks Stumble

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.75%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.77%. Stocks this morning are lower, with the S&P 500...

Barchart

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Markets Today: Stocks Retreat as Bond Yields Climb and Tech Stocks Fall

Morning Markets March E-Mini S&P 500 futures (ES H24) are down -0.79%, and March Nasdaq 100 E-Mini futures (NQH2 4) are down -1.10%, both at 1-week lows. Stock index futures this morning are falling due to weakness in technology stocks. Apple is down more than -2% in pre-market trading after...

Barchart

UK University Students Initiate 'Career Boycott' in Protest Against Barclay's Climate Policies

More than 220 students from Barclays' top recruitment universities won't work for Barclays unless they terminate all financing for oil and gas companies.

International Business Times UK

When is the next Palestine solidarity protest taking place in London?

Hundreds of thousands of people have participated in marches around the world in recent weeks

Evening Standard

A 'skimpflation' plague took over supermarkets in 2023 with consumers saying products are smaller and sometimes worse quality for the same price—if not more

Shrinkflation and skimpflation meant shoppers spent more on grocery items for less value as their money didn't go as far as before, Barclays data shows.

Fortune

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Britons cut back on dining out and buying clothes, Barclays reveals

Annual card spending report says consumers are prioritising travel and nights out and buying value-range groceries amid cost of living crisis

The Guardian - UK

Simply by being herself, Madonna is still challenging stereotypes

The coolest person on earth is a 65-year-old woman, without whom life might be very different and definitely not as fun

The Guardian - US

And the winners of the 2023 awards for worst customer service are …

We celebrate the companies that went the extra mile … to inflate their balance sheets and let down loyal customers

The Guardian - UK

UK students launch Barclays ‘career boycott’ over bank’s climate policies

Campaign at leading universities such as Oxbridge and UCL warns lender it will miss out on top talent if it finances fossil fuels

The Guardian - UK

UK mortgages: trial to rule on deals that left people with huge debts

Decades after shared appreciation mortgage launch, case brought by law firm due to reach high court

The Guardian - UK

Barclays Predicts May 2024 Rate Cut by BoE

Exciting speculations arise as Barclays predicts a potential rate cut by the Bank of England in May 2024. Stay tuned for some monetary policy maneuvers!

Top News

Cambridge University reportedly could drop Barclays in favour of greener bank

UK lender is a major European funder of oil and gas projects and university has said it does not want to back fossil fuel expansion

The Guardian - UK

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The National (Scotland)

Palestine rallies to take place across Scotland this weekend – see where they are

ACTIVISTS are set to gather at a number of demonstrations across Scotland this weekend to call for a ceasefire in Gaza.

The Guardian - UK

‘Complete disregard’: Charities condemn Barclays over frozen bank accounts

More groups come forward to describe how shutdown suddenly left them unable to pay bills or staff

The Guardian - UK

Charities and churches left in financial disarray after Barclays shuts accounts

A number of community organisations say they were left struggling after bank closed or froze accounts ‘without warning’

The Guardian - UK

Barclay family regains control of Telegraph after Abu Dhabi helps pay debt

Planned takeover still requires government approval despite Lloyds receiving funds owed

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The Guardian - UK

Barclay family expected to regain control of Telegraph temporarily

Debt repayment will put group step closer to being controlled by consortium backed by UAE

Evening Standard

Barclays offers 90% mortgage with sub-5% interest rate after slashing prices twice in four days

Other lenders to announce cuts today include TSB and Accord

Evening Standard

Barclays axing 900 staff in ‘disgraceful’ pre-Christmas move, says Unite

The banking giant confirmed it was ‘making changes to its headcount’

The Guardian - UK

Why is the Telegraph up for sale and who wants to buy it?

Potential buyers include a consortium that has vowed to pay off the current owners’ debts, the Daily Mail owner and a GB News investor

The Guardian - UK

More than 2,500 jobs at risk in Lloyds shake-up

Exclusive: UK’s largest high-street bank preparing review of middle-management roles in response to expected income squeeze

Fortune

Barclays Bank is reportedly axing up to 2,000 jobs as part of a $1.25 billion cost-cutting plan

The British bank's CEO C.S. Venkatakrishnan is under pressure to lift Barclays's shares up after a stormy few years.

The Guardian - UK

Barclays could axe up to 2,000 jobs in £1bn cost-cutting drive

Shake-up expected to affect mainly back office roles in departments such as compliance, HR and legal

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